JPMorgan: Bitcoin will benefit from Trump's presidency and MicroStrategy's BTC purchase plan

Odaily Planet Daily Report: With Trump winning the US presidential election, analysts at JPMorgan Chase expect both gold and Bitcoin to perform well, and have emphasized the "devaluation trade". The "devaluation trade" refers to an investment strategy that benefits from currency devaluation or weakness, often due to inflation or expansionary fiscal policies. In this trade, investors buy assets such as gold and Bitcoin, which are seen as stores of value, so that their value is maintained even if the purchasing power of the currency declines. The analysts pointed out that retail investors are also supporting gold and Bitcoin, with investments in gold and Bitcoin ETFs increasing since last summer. They added that this trend will continue until 2025, and Trump's policies may support these two assets. The analysts said that in addition to Trump's policies, Bitcoin may also receive further impetus from . announced an aggressive Bitcoin acquisition plan through its "21/21 Plan". The plan involves raising $42 billion in funding over the next three years, half ($21 billion) from equity and half ($21 billion) from fixed-income securities. "By 2025 alone, will invest $10 billion in Bitcoin, which is roughly equivalent to the total amount it has accumulated since mid-2020," the analysts said. ()